Ames National Corporation (ATLO) financial statements (2021 and earlier)

Company profile

Business Address PO BOX 846
AMES, IA 50010
State of Incorp. IA
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments192353026292424
Cash and cash equivalents192353026292424
Disposal group, including discontinued operation      1
Total current assets:192353026292424
Noncurrent Assets
Property, plant and equipment17181615161716
Intangible assets, net (including goodwill)1616129888
Goodwill1212107777
Intangible assets, net (excluding goodwill)3432112
Deferred income tax assets 1
Total noncurrent assets:33352824242524
Other undisclosed assets1,7511,6681,3971,3241,3131,2781,252
TOTAL ASSETS:1,9761,7371,4561,3751,3661,3271,301
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt 2131214 
Total current liabilities: 2131214 
Noncurrent Liabilities
Liabilities, other than long-term debt2      
Deferred income tax liabilities2 
Total noncurrent liabilities:2      
Other undisclosed liabilities1,7641,5481,2701,1931,2001,1621,146
Total liabilities:1,7661,5501,2831,2041,2011,1651,146
Stockholders' equity
Stockholders' equity attributable to parent209188173171165161155
Common stock18181919191919
Additional paid in capital17192021212121
Accumulated other comprehensive income (loss)164(4)(0)(1)34
Retained earnings158146138132126118111
Total stockholders' equity:209188173171165161155
TOTAL LIABILITIES AND EQUITY:1,9761,7371,4561,3751,3661,3271,301

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues65565051504947
Net investment income63565045444341
Cost of revenue(6)(1)(1)(2)(1)(1)(0)
Provision for loan, lease, and other losses(6)(1)(1)
Financial services costs(2)(1)(1)(0)
Gross profit:59554950494846
Operating expenses(11)(10)(9)(24)(24)(23)(26)
Operating income:48454026262521
Nonoperating expense      (1)
Investment income, nonoperating      (1)
Interest and debt expense(8)(11)(8)(6)(4)(4)(5)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(17)(13)(11)11(0)6
Income from continuing operations before income taxes:23212121232121
Income tax expense(4)(4)(4)(8)(7)(6)(6)
Net income available to common stockholders, diluted:19171714161515

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:19171714161515
Comprehensive income:19171714161515
Other undisclosed comprehensive income (loss), net of tax, attributable to parent128(4)0(4)(1)4
Comprehensive income, net of tax, attributable to parent:31251314121419

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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